News - page 2

Finance & Economics

Wells Fargo & Centerbridge Offer Loans to Middle-Market Companies

To meet the alternative credit needs of middle-market businesses, Centerbridge and Wells Fargo formed a strategic partnership, diversifying the market of clients served by private credit and direct lending.

Finance & Economics

Moody’s Warns US Government About Consequences of Shutdown for Country’s Credit

Moody’s warned that the shutdown of the United States government, which is currently being assessed as a potentially possible scenario for the development of events in the country, is a threat to global markets and may also become a factor of negative impact on the US credit rating.

Science & Technology

Billionaire Xavier Niel Invests €200 Million in AI

Billionaire Xavier Niel is investing €200 million ($212 million) in artificial intelligence.

Science & Technology

Gordon Brown Says About AI’s Ability to Save Economy From Low Growth

Former British Prime Minister Gordon Brown said that artificial intelligence can be a salvation for the global economy, which will save this sphere from a decade of low growth.

Blockchain & Crypto

SEC Concerns About Coinbase’s Role in Celsius’ Bankruptcy Plan

The US Securities and Exchange Commission (SEC) has outlined its position on the alleged participation of Coinbase Global in the Celsius Network plan to exit bankruptcy.

Science & Technology

Sam Altman Says About Insufficient AI Regulation

Sam Altman, the head of OpenAI, which developed the world’s most popular chatbot based on artificial intelligence called ChatGPT, said that there is no reason for concern and fear about government regulation of the digital mind.

Finance & Economics

Bank of England Postpones Implementation of New Banking Reforms for Summer 2025

The Central Bank of England has changed the timing of the implementation of the banking sector reform process, postponing the start of relevant activities to the summer of 2025.

Blockchain & Crypto

Bitcoin Is Legally Recognized in China

In China, the Shanghai Second Intermediate People’s Court officially recognized Bitcoin as a “unique and non-reproducible” currency.

Science & Technology

ChatGPT Gets More Humanlike Features

ChatGPT will now be able to see, hear, and speak.

Finance & Economics

UBS CEO Sees Good Momentum in Recovering Credit Suisse Funds

Sergio Ermotti, Chief Executive Officer of UBS Group AG, said that in this quarter there is a good dynamic of the return of funds that customers withdrew from Credit Suisse before the takeover.

Science & Technology

Amazon to Invest in AI Startup Anthropic

Amazon will direct investments of up to $4 billion to the company Anthropic, which operates in the sphere of artificial intelligence.

Finance & Economics

Goldman Sachs Reports Intensive Credit Card Losses Climbing

Currently, in the United States, credit card companies are recording an increase in losses, demonstrating the greatest degree of intensity since the Great Recession.

Science & Technology

Apple AI Chief Pays Attention to New Private Browser Search at Google Trial

John Giannandrea, a former Google executive who moved to Apple to lead the company’s artificial intelligence business, announced an inconspicuous change in the latest iPhone software update.

Science & Technology

Meta Reportedly Plans to Entice Younger Users With Help of AI

The media reported that Meta considers artificial intelligence as a kind of means and tool, the integration of which into the ecosystem of the technology giant and its active use in this virtual space can contribute to gaining a young consumer audience.

Science & Technology

India Reportedly Eases Restrictions on Laptop and Tablet Imports

The Indian leadership has decided to ease the planned restrictive measures against the import of laptops, tablets, and other IT equipment.

Blockchain & Crypto

E-Yuan App Adds New Feature for Foreigners

The new mobile top-up feature enables foreigners in China to use their overseas SIM cards to open an e-yuan wallet and recharge it with their bank cards or cash before making a payment.